Longfor Group Holdings Limited (HKG: 0960)

Longfor Group Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	165,547	180,737	250,565	223,375	184,547	151,026
Revenue Growth (YoY)	-23.99%	-27.87%	12.17%	21.04%	22.20%	30.42%
Cost of Revenue	139,223	150,153	197,527	166,835	130,517	100,229
Gross Profit	26,324	30,584	53,038	56,541	54,031	50,797
Selling, General & Admin	9,672	10,765	12,132	16,285	12,328	10,555
Operating Expenses	9,672	10,765	12,132	16,285	12,328	10,555
Operating Income	16,653	19,819	40,906	40,256	41,702	40,242
Interest Expense	-921.76	-942.21	-1,046	-932.3	-831.91	-653.21
Interest & Investment Income	740.11	874.36	1,302	1,207	823.22	709.37
Earnings From Equity Investments	924.13	1,554	1,421	2,932	1,282	1,352
Currency Exchange Gain (Loss)	-343.41	-933.78	-3,742	757.89	2,014	-568.88
Other Non Operating Income (Expenses)	1,098	1,466	4,113	-24.34	-1,016	1,104
EBT Excluding Unusual Items	18,150	21,837	42,955	44,197	43,974	42,185
Gain (Loss) on Sale of Investments	-	-	357.3	-	-	-
Gain (Loss) on Sale of Assets	214.29	-9.67	-642.02	-2.71	2.71	-4.87
Asset Writedown	1,645	2,012	2,888	2,850	2,309	3,735
Other Unusual Items	1,476	889.73	264.56	583.11	83.99	46.33
Pretax Income	21,485	24,729	45,822	47,627	46,370	45,961
Income Tax Expense	6,673	7,597	12,999	15,839	17,529	19,409
Earnings From Continuing Operations	14,812	17,133	32,823	31,788	28,840	26,552
Minority Interest in Earnings	-4,154	-4,283	-8,461	-7,935	-8,838	-8,216
Net Income	10,658	12,850	24,362	23,854	20,002	18,337
Net Income to Common	10,658	12,850	24,362	23,854	20,002	18,337
Net Income Growth	-57.27%	-47.25%	2.13%	19.26%	9.08%	12.93%
Shares Outstanding (Basic)	6,422	6,221	5,965	5,894	5,869	5,859
Shares Outstanding (Diluted)	6,424	6,234	6,010	5,985	5,981	5,979
Shares Change (YoY)	5.22%	3.73%	0.43%	0.05%	0.04%	0.39%
EPS (Basic)	1.66	2.07	4.08	4.05	3.41	3.13
EPS (Diluted)	1.66	2.06	4.05	3.99	3.34	3.07
EPS Growth	-59.38%	-49.14%	1.50%	19.46%	8.79%	12.45%
Free Cash Flow	25,267	32,158	9,659	27,998	35,865	34,078
Free Cash Flow Per Share	3.93	5.16	1.61	4.68	6.00	5.70
Dividend Per Share	0.450	0.550	1.130	1.700	1.430	1.200
Dividend Growth	-59.82%	-51.33%	-33.53%	18.88%	19.17%	21.21%
Gross Margin	15.90%	16.92%	21.17%	25.31%	29.28%	33.63%
Operating Margin	10.06%	10.97%	16.33%	18.02%	22.60%	26.65%
Profit Margin	6.44%	7.11%	9.72%	10.68%	10.84%	12.14%
Free Cash Flow Margin	15.26%	17.79%	3.85%	12.53%	19.43%	22.56%
EBITDA	17,061	20,241	41,423	40,654	41,880	40,372
EBITDA Margin	10.31%	11.20%	16.53%	18.20%	22.69%	26.73%
D&A For EBITDA	408.5	422.68	516.43	397.61	177.23	130.76
EBIT	16,653	19,819	40,906	40,256	41,702	40,242
EBIT Margin	10.06%	10.97%	16.33%	18.02%	22.60%	26.65%
Effective Tax Rate	31.06%	30.72%	28.37%	33.26%	37.80%	42.23%

Source: S&P Capital IQ. Standard template. Financial Sources.